TPIsoftware Cash Flow Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-285.91	-434.46	-20.15	-261.39
Depreciation & Amortization	30.64	30.14	29.91	25.79
Other Amortization	7.87	0.67	0.78	-
Loss (Gain) From Sale of Assets	-	-	0.78	0.14
Stock-Based Compensation	-	78.27	11.58	-
Provision & Write-off of Bad Debts	6.3	32.48	4.25	0.48
Other Operating Activities	-4.81	0.76	1.53	12.16
Change in Accounts Receivable	72.74	49.97	-186.14	23.59
Change in Inventory	0.18	0.09	-	-
Change in Accounts Payable	-4.38	-6.16	-28.99	51.58
Change in Unearned Revenue	17.07	5.33	-	-
Change in Other Net Operating Assets	-188.58	40.42	-5.31	-18.45
Operating Cash Flow	-348.87	-202.5	-191.76	-166.1
Capital Expenditures	-12.32	-8.81	-1.25	-2.68
Sale of Property, Plant & Equipment	-	-	-	0.09
Sale (Purchase) of Intangibles	-21.55	-	-1.1	-0.36
Investment in Securities	-103.52	-59.06	33.4	-9.23
Other Investing Activities	4.59	-17.96	5.86	6.11
Investing Cash Flow	-164.87	-85.83	36.92	-6.06
Short-Term Debt Issued	-	140	19.99	200.89
Total Debt Issued	322	140	19.99	200.89
Short-Term Debt Repaid	-	-186.99	-387.99	-
Long-Term Debt Repaid	-	-29.84	-56.02	-38.79
Total Debt Repaid	-195.58	-216.83	-444.01	-38.79
Net Debt Issued (Repaid)	126.42	-76.83	-424.03	162.1
Issuance of Common Stock	-	409.7	820.86	136.99
Repurchase of Common Stock	-117.9	-	-104.91	-
Other Financing Activities	-3.39	-3.32	-13.42	-10.89
Financing Cash Flow	5.13	329.56	278.51	288.21
Foreign Exchange Rate Adjustments	0.19	-0.2	0.33	1.67
Net Cash Flow	-508.42	41.03	124	117.71
Free Cash Flow	-361.19	-211.3	-193.01	-168.78
Free Cash Flow Margin	-40.13%	-25.04%	-24.87%	-32.16%
Free Cash Flow Per Share	-0.64	-0.39	-0.49	-0.72
Cash Interest Paid	3.55	3.54	11.84	12.29
Cash Income Tax Paid	0.26	0.36	2.54	-0.02
Levered Free Cash Flow	-306.74	-33.33	-155.98	-
Unlevered Free Cash Flow	-305.02	-31.79	-149.85	-
Change in Working Capital	-102.97	89.65	-220.44	56.72

Source: S&P Global Market Intelligence. Standard template. Financial Sources.